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To: Art in Idaho
Creditors may wish to evalulate this section of the 14th Amendment:

4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

7 posted on 02/03/2010 9:25:14 PM PST by Errant
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To: Errant
But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.

Wow, so all the back door reparations; ACORN, the no income-no problem mortgages, the make work Federal Jobs, the overwhelmed welfare system - they're all illegal? Looks like a serious issue to look into, maybe eventually a SCOTUS Case!

9 posted on 02/03/2010 9:44:30 PM PST by Art in Idaho
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